South Beach condo market report — Dec 2025

December 2025 in South Beach

109 condos came to market in South Beach during December 2025.

Closed sales

74 condo sales closed in December 2025 at a median price of $537,500 ($604 per square foot), after a median 92 days on market.

That compares with 60 closings in November 2025, when the median closed price per square foot was $583.

Year over year, closed prices per square foot are up 11.0% from $544 in December 2024.

The trailing year

Over the 12 months ending December 2025, South Beach recorded 316 condo closings — an average of 26 a month — with the busiest month being October 2025 at 88 sales.

Monthly median closed prices ranged from $437 to $805 per square foot over that span.

Buildings with the most closings in December 2025

• Five Park — 6 closings at a median $3,617,500 ($1,752/sq ft)
• Mirador 1200 — 4 closings at a median $342,500 ($409/sq ft)
• Ocean Point — 3 closings at a median $400,000 ($607/sq ft)
• Portofino Tower — 2 closings at a median $3,137,500 ($1,538/sq ft)
• Belle Plaza — 2 closings at a median $532,500 ($608/sq ft)

Where to look next

Browse every condo for sale in South Beach, set up a price-drop alert, or compare buildings side by side. All figures are Own Miami calculations from MIAMI REALTORS® MLS data.